- This document provides details of a proposed 120-month loan for $1,170,000 with a 10% down payment of $130,000 and fixed interest rate of 9%.
- The monthly payment would be $15,545.67, which includes principal, interest, insurance, and other fees.
- It includes a loan amortization schedule showing the monthly breakdown of principal paid, interest, and balance remaining over the 10 year term.